Federal Reserve uh cut interest rates about 175 basis points with the inflation, you know, with missing their inflation target for five consecutive years, now going on nine consecutive years. Um in terms of their projections, uh we've seen the Federal Reserve monetize US sovereign debt uh in the middle of a nationwide affordability crisis. You know, we've seen all sorts of reactions to this supply demand imbalance in the Treasury bond market. And then you have this orthogonal demand shock called AI. This is massive AI capex bubble. You're talking $800 billion in hyperscala capex next year growing to 1.2 1.3 $1.4 trillion uh next
Federal Reserve uh cut interest rates about 175 basis points with the inflation, you know, with missing their inflation target for five consecutive years, now going on nine consecutive years.